Ohio

Costco raises start-up wages to $ 17 per hour

Costco has approximately 180,000 employees in the United States, 90% of whom work every hour.

Columbus, Ohio — Costco is raising its clerk’s hourly wage for the second time this year.

In February, the company raised its hourly wage to $ 16. This week, Costco said the minimum wage would rise to $ 17.

Costco has approximately 180,000 employees in the United States, 90% of whom work every hour. The company has one of the lowest turnover rates in the retail industry.

With this increase, the chain will outperform Amazon, Target and other top retailers by about $ 2 per hour and $ 5 over Wal-Mart.

Recently, wages have risen as several large companies are competing for employees.

In recent years, Amazon, Target and others have raised their starting wages to $ 15 per hour.

Wal-Mart raised the minimum wage from $ 11 to $ 12 last month. CVS and Walgreens announced in August that they would start wages and raise them to $ 15 per hour.

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Costco raises start-up wages to $ 17 per hour

Source link Costco raises start-up wages to $ 17 per hour

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